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Brunello Cucinelli has reported revenue of €1.41bn (£1.22bn) in 2025, up 11.5% at constant exchange rates and 10.1% at current exchange rates, exceeding its guidance at the start of the year.
In a preliminary update, the Italian luxury group said fourth-quarter revenues rose 11.9% at constant exchange rates to €388.6m (£336.4m), despite a tougher comparative period.
Growth was recorded across all regions. Revenues in the Americas rose 11.9% at constant exchange rates to €520.5m (£450.5m), Europe increased 8.1% to €494.6m (£428.1m) and Asia grew 15.3% to €392.6m (£339.8m). The Americas remained the group’s largest market, accounting for 37% of total sales, followed by Europe at 35.1% and Asia at 27.9%.
Retail sales increased 12.9% at constant exchange rates over the year to €947.1m (£819.8m), with fourth-quarter growth of 14.5%.
Meanwhile, Wholesale revenues rose 8.5% at constant exchange rates to €460.7m (£398.8m), supported by demand for Spring/Summer 2025 and Autumn/Winter 2025 collections, as well as early deliveries of Spring/Summer 2026.
Brunello Cucinelli said it invested around €145m (£125.5m) in 2025, equivalent to approximately 10.5% of revenues, completing six months ahead of schedule a major investment programme focused on Made in Italy artisanal production.
The programme included the expansion of its Solomeo headquarters and the completion of two new production facilities in Penne and Gubbio.
As a result of the investment programme and the payment of €69m (£59.7m) in dividends, the group reported characteristic net debt of around €200m (£173.1m) at the end of 2025. The company said it expects net debt to improve progressively as capital expenditure returns to more typical levels.
Looking ahead, Brunello Cucinelli said early sales of the Spring/Summer 2026 collection and order intake for the Autumn/Winter 2026 pre-collection support expectations of revenue growth of around 10% in 2026.
The group reiterated its longer-term target to reach revenues of approximately €1.8bn (£1.56bn) by 2028, as part of its five-year plan covering the 2024–2028 period.
Brunello Cucinelli, executive chairman and creative director, said: “We closed 2025 with record revenues. Given the quality of sales, we expect a healthy and balanced profit for the year. In light of the excellent performance of winter sales, the promising start of the Spring/Summer 2026 collection, and the outstanding feedback on the Fall/Winter 2026 pre-collections, we are confident for the months ahead.
